>> and throughout the morning, get a global perspective on the news... >> the life of doha... >> this is the international news hour... >> an informed look on the night's events, a smarter start to your day. mornings on al jazeera america >> it's the ugly truth about taxes in america. big corporations can cut their irs bill with a simple change of address. we'll look at how. also la clippers under donald sterling banned for life from the nba. we'll show you the cash behind the controversy. plus why is wall street so worried about witter.

>> this is real money. so tell us what is on your mind by tweeting us at ali velshi. we learned more about the effort of an u.s. corporate giant to bid $100 million for an in great britain. it relates about april being the cruelest month, especially if you get stuck writing a check to the irs. most of us do everything in our power to reduce our tax bills. it's no different for companies, and some of them in corporate america are going to extraordinary lengths to cut their tax bills, and they're doing it by quitting this country all together. the world's largest drug company renewed it's bid to buy out its british rival by doing so not only can pfizer become a bigger company, but they'll take up address in london.

and because britain has lower corporate taxes than the united states, it could save pfizer a billion every year. companies like chicata banana, walgreen's are all exploring merger deals with foreign rivals that will allow them to take advantage of a lower tax rate. britain's tax rate has fallen to 20%. with write-offs pfizer has brought its taxes down to 28%, but if it goes british it can save 8% off its tax bill. but the obama administration wants to close the loopholes. pfizer plans to keep its headquarters in the united states. maintain its listing on the new york stock exchange and just be britain on paper.

but that paper change will save the company and cost the u.s. treasury millions. there are ways to keep america's corporations and their profits on u.s. soil, but politics stand in the way. that's according to a man who won a pulitzer prize. david is also the author of "divide." he joins us from seattle, david, what phaser is tryinged to, is it unamerican or being responsible to pfizer shareholders? >> oh, i think its pretty offensive to the united states. back when the twin towers were still burning in new york one of the big account be firms was advertising clients and i have a copy of the video and wrote about it back then that patriotism should take a backseat to profits, and they were proposing back then a similar deal using a bermuda mailbox. if you're going to take all the benefits of the united states market and the benefits taxpayers are providing to you

as a company from infrastructure to research to educated employees, i think its pretty offensive conduct. >> how much money has the u.s. treasury lost in terms of revenue it could have gotten from companies that went overseas to lower their tax rate? >> well, we're all for all companies we're talking tens of billions of dollars. the trick, david, is to earn your profits in the highest tax jurisdiction you can, and then use accounting devices to funnel the money out of the country. one of the ways pfizer does it is that the intellectual property rights, the patents and the how to make rules for viagra are all in an offshore tax haven. every time they sell one of those blue diamond bills pills e profits are siphoned out of the united states and they are not taxed. >> what is so difficult oh politically about fixing this? >> from the outside its easy to

say that they should fix it. the reality is members of congress, if they want to get re-collected cannot incur the wrath for big multi national companies. if you don't play ball with them, they'll find someone who will and this will get them voted out of photographs. the club for growth that targets those republicans who don't toe the line on the rich and eliminating taxes for corporations. >> what about the arms that said look, we're simply going the way any american would. we're following a strategy and the problem is not, well, the united states is taxed--taxing us at a greater rate than great britain. tax us at a lower rate and then we won't go to great britain. >> two parts.

it's perfectly legal to do whatever the law allows. it doesn't mean that it's the appropriate thing to do. corporations used to worry about reputation, they don't do that any more. it's congress that makes the rules. congress does not have to allow this kind of conduct. it doesn't have to say you can get a free ride. that's really what is going on here. pfizer, which gets massive subsidies from the tax payers wants a free ride. other companies are sure to follow their strategy. we should raise questions why a company like pfizer, yet pfizer doesn't want to bear any of the burden of supporting government that makes its profits possible. >> yet you think that the united states out to raise the corporate takes and that would be good for the u.s. economy. explain how. >> well, i don't necessarily think we should do it. if you raise the taxes, you find

that you have $1 million extra profit. if the tax rate is 20%, you may say write me a uncle sam a check fo sam a check for 20% and i'll keep 80%. our tax system used to be focused on inseventh advising companies noincentivizeing not . we should have a discussion on how we should tax corporations. we should have control of the cash they build up or they'll be a huge drag on the economy, something that i've written about and spoken about before. >> it's something that our nation needs to have this dialogue and have this conversation about. david kay johnston, a columnist, thank you for being on the program. >> thank you. >> vladimir putin could hit back

against western sanctions, and if he does there is one huge american oil company with close ties to the kremlin that looks to get hurt. we will look at what it means for the team and finances. that and more as real money continues. >> drug wars in mexico >> this guy saw someone they suspect and they just went after them >> now vigilantes have joined the fight >> i don't want to do this... >> is it a popular uprising? or a new wave of violence? >> fault lines... al jazeera america's hard hitting... >> they're locking the door... ground breaking... >> we have to get out of here... truth seeking... award winning documentary series truth seeking... award winning documentary series mexico's vigilante state true business-grade internet comes

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the stream is uniquely interactive television. in fact, we depend on you, your ideas, your concerns. >> all these folks are making a whole lot of money. >> you are one of the voices of this show. >> i think you've offended everyone with that kathy. >> hold on, there's some room to offend people, i'm here. >> we have a right to know what's in our food and monsanto do not have the right to hide it from us. >> so join the conversation and make it your own. >> watch the stream. >> and join the conversation online @ajamstream. >> there was a new development in the war of words that could spell trouble for u.s. energy companies. vladimir putin said he would reconsider western energy companies participating in russia's energy sector if sanctions against his country persist. putin spoke the day after the u.s. and europe expanded the

list of travel bans and asset freezes. he said there was no need for counter sanctions for now but he said that could change . one u.s. firm with a lot at stake is exxonmobil. it has very deep financial ties to russia's energy company. and on monday the u.s. added it to the list of russian facing sanctions. so far exxon's deal is not in jeopardy, but it under scores the modern best. policies does not always mesh with the interests of companies. >> reporter: russian president vladimir putin a picture of cooperation that continues

despite escalating tensions over the crisis in ukraine. since 2011 exxonmobil has substantially strengthened it's ties with with a gas plant in the far east, developed oil fracking sites and joint $3.2 billion project to hunt for oil in the blacks sea and russian russian arctic waters. the trade access to billions of barrels of oil for engineering expertise. >> basically exxon is going to russia because of the opportunities there. and russia wants exxon. >> reporter: the relationship also gives rosneft a food hold in the west with exploration rights in the gulf of mexico.

oil gas is a linchpin of russian power and they're poised to enhancement regardless of u.s. foreign policy objectives. >> exxon will send the message loud and clear it's not just the u.s. government disagree on politics and policies. they're here to do business. >> reporter: according to a new book, the company's new ceo lee raymond said, quote, i don't make decisions based on what's good for the u.s. but if moscow were to bar western energy companies from russian territory, exxonmobil wouldn't necessarily lose out. >> let's say that this crisis gets worse, that means there's more pressure on energy markets, which means higher prices, which means more revenue for exxon. >> reporter: al jazeera, new york. >> an exxonmobil spokesman said that the situation in the ukraine are, quote, not

impacting our operations. but they would not comment on russia's energy sector. target is teaming up with mastercard to rule out so-called chip and pin cards. these cards are considered more secure because they use an embedded microchip. that's in response to the massive data breach over the christmas holiday that effected up to 100 million target customers. it announced it has hired a new chief information officer. >> ibm raising its quarter dividend a 16% increase of $.95. this marks the 19th straight year of the stock difficult

dents it pays out to shareholders. since then it has gone up 800%. when judging the amount paid out, ibm dividend ranks in the bottom third of stocks listed on the dow. their home may be one of your family's biggest events. coming up, more on the value of that investment, and why some analysts are worried that the housing markets' recovery might slow down. plus, bigotry proofs very costly now that los angeles clippers ' owner donald sterling has been banned from the nba. >> al jazeera america presents borderland's dramatic conclusion >> no one's prepared for this journey. >> our teams experience the heart breaking desperation >> we're all following stories of people that have died in the desert. >> and the importance...

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>> every saturday join us for exclusive, revealing, and surprising talks with the most interesting people of our time. >> i became beautiful when i became a feminist >> gloria steinem >> sexuality is about cooperation, not domination... >> and inspiration... >> i want for women whatever they want for themselves... >> and the unconventional future of the movement >> they're many faces for feminism, including beyonce' >> talk to al jazeera only on al jazeera america >> home prices in the united states are still rising, but not as much as before. that's the take away from the latest standard & poor's home price index, and the cooling

housing market has been the story for a while now. the day's report show the home prices increased 12.9% for the same month in 2013. the smallest increase since august. it comes after a 13.2% gain in the year and in january. index rose 13.4% for all o of 2013. higher mortgage rates may be one reason for the slowdown. other data released 120,000 homes were in some stage of foreclosure in the month of march. that's down from the 1.1 million homes from the year earlier. since the financial crisis began in september 2008 there have been 5 million foreclosures in the united states. the slowdown in rising home prices is not going to hurt the overall economy according to michael car liner who has spent more than three decades studying

the housing markets. he said that what is more critical is to look at demand for new home construction. a former economist with the national association of home builders. and joins us from washington, d.c. michael, if we do subscribe to your theory that it's all about home construction. home construction is still starting to flight line a little bit, isn't it? >> yes, it is. i think that's a temporary pause, but it has been a lot weaker over the past few months than we would have expected. part of that has to do with the weather. even as the weather turned good and even in parts of the country where the weather was fine all along there has been slow down. >> this slow down. what is the relationship between that slow down and the over all u.s. economy. is it a big part? is it something that people can say-- >> overall home building is 2% of the economy. but it used to be about 5%. but as we moved in and out of

recessions sometimes housing accounts for as much as a third of the change in gdp. it could get a big boost to the economy if it could have the kind of recovery that it normally has. >> what are some of the conditions that you believe need to exist in the housing market and industry for things to pick up? >> well, mortgage rates were still low. they jumped a little bit last summer. normally when mortgage rates go up it takes about 9 months for the full negative impact of that to show up, and we're about nine months later now. that's one of the explanations for why we've slowed down. but even with the level of mortgage rates a lot of people are having trouble getting mortgages. and a lot of people that might otherwise have bought haven't done so. also people don't feel as confident about their financial situation or they don't have jobs, and it will take some of

that to further increase demand. on the other hand we had a big glut of excess housing supply a few years ago, and we're working that off now. we don't--we're almost back to a normal level of vacancies, inventories and foreclosures. foreclosures may not be so close to normal. but as that occurs, and the market gets tighter, we'll see more construction. >> to that point as we do work off supply, and the glut starts to essentially recede, to that lifestyle point you were making a few minutes ago, isn't it true that a growing number of americans are simply, the american dream was not what it was once, people are more willing to rent, have roommates, the idea of owning a home does not have the same flow that it once did. >> i think there is something to that. people got a little overexcited over homeownership. i don't think that it's changed that much. one of the interesting things that i've seen in a number of

surveys is although the people, the ones that really got burned in the last cycle, they are pretty negative on homeownership. younger people, people in their early 20s are much more positive about homeowner at this point than the 30 something. >> regarding foreclosures, according to data from march march 2014 the greatest percentage of foreclosures were in florida, michigan, and what is it about those states that attracted so many foreclosures? >> well, there was a lot of speck at a live home buying in some of those places. a lot of large share of homes ten years ago. in california, and many parts of florida there were speculators who felt they were going to flip them. that contributed to it. but another factor in terms of

how this plays out is that in some places the foreclosure happens very quickly, and the market can adjust and start to recover. i think that's actually starting to happen in california. in florida and much of the northeast foreclosures take just years to go through the process. and so all that is delaying the adjustments that need to occur. >> michael, thank you for being on the program. we appreciate it. >> my pleasure. >> the effects of inequality show up in many areas including education. two-thirds of the nation's wealthiest families enroll in four-year colleges, and a student from a high income family is 14 times for likely to attend the most selective universities as a low-income kid. the completion rate for low

income students is one in four. steve knapp is looking to narrow the college gap. looking at how to increase college access and graduation rates for low income students. knapp sat down with ali velshi in los angeles today to discuss some of the causes of the college gap and how best to address them. >> what's the problem in getting low income kids into university? we do know that in many cases money is available to them. is it money? is it an expectation that they don't go to university? what is the thing that we have to do to get more, a greater proportion of low income kids. >> there are a lot of things we have to do. but i want to emphasize as much of a problem that we have getting low income students in we have a greater challenge of graduating them. part of that is part of the burdens that effect them when going to high school getting ready for college. many times that will continue.

some of those are financial burdens. some of those are family issues that they have to deal with, sometimes causing them to pull out of college. sometimes they're the sole supporter of the family so they can't finish because they have to go back and support the rest of the family. but when it comes to high schools, one of the things that is clearly emerged from many discussions and studies, families if they haven't previously sent a daughter or son to college don't have a sense of everything that has to be done to do that. >> it can be onerous. >> filling out a financial aid form, getting all the information accurately supplied, getting it on time, and how to be guided toward a correct match up between the interests and the skills of the student and the aspirations of the student and the institution. part that have is caused by the fact that we have a very low ratio of college counselors. the average is one to almost 500 students. >> wow.

>> and in california it's 1 to 1,000 students. >> who fix this is problem? is this a high school public education system problem to fix or is it the universities' problem to fix. >> in the high schools where most of the changes take place, but we want to help with that. one of the things we committed to do when we went to the white house summit on the college gap with this access and success of low-income students in the higher education system in all levels. it's not-for-profit colleges, and it's public universities, we want to help in the district of columbia, our hometown, by going into the high schools and the communities, into local libraries. we're going to bring families on to campus and provide for workshops. we're going to fill out the forms that we need to fill out. that's something that we committed to do, and we established with the high schools in district columbia, but we have to reach that level

down through the lower grades. if they're not on track academically it's hard to fix it at the last minute to prepare to go to college. we think we need to work on that in the earlier grades. part of it is information for the family, and part of it is concrete help. navigating a complex system. if you don't have previous experience, you don't know what to pack to go to college. >> you're basically in some ways hoping that the public school system catches up. >> i think universities will be doing that across the country. part of what happened when the president and first lady brought together some 80 college and university presidents around the country was to challenge them to help out in this process. i created a task force to combine what are usually separate activities, admissions with advising once the students arrive.

the problem is getting into college, and it's at least a serious challenge to get through college successfully and do it in a timely way without accumulating debt. and sometimes because teams don't know how to put together the financial aid package. >> you're talking about reaching down into lower grades to get people ready for the process. the applications, knowing how to apply. there is this academic gap that tends to grow in lower income households in part because of the activities that they take part in. a lot of studies show with the passing year, the minority and low income student is at a further disadvantage just from an academic preparation standpoint, that's going to make college a little bit more of a challenge. >> if you look at the highest achieving, most academically prepared students from low-income families and compare them with the lowest achieving, less well prepared students from

the higher income families they graduate at almost the exact same rate. the higher income students who are lower achieving graduate 30%. and the highest achieving, lower income students graduate at 29%. >> to that point i want to ask you is it a myth or reality that low income or minority students who are high performers academically are at a disadvantage because of the expectation that they don't need to go to college? >> reporter: the expectation that when they do they're not going to perform as well as people coming from other communities, and then the anxiety, when you come in, and you worry that they may expect to you perform more poorly than you're capable of performing, that has an effect on performance. >> thank you for being with us. >> writer michael lewis has unleashed a firestorm of controversy with his new book. but the

securities and exchange commission says not to worry . today sec chair mary jo white said that lewis has it wrong. she said u.s. markets are the strongest and most reliable in the world. even so the sec is one of several federal agencies said to be taking a very hard look at high speed trading. the move to ban the los angeles clippers owner donald sterling from the nba is only the beginning. now there are a whole host of other questions about the team's finances and fortunes. you're watching real money. >> on techknow... >> these are some of the amazing spider goats >> small creatures, big impact >> how strong is it? >> almost as strong as steel >> inspiring discoveries changing lives >> this could go in a human body... >> right >> this is for an achilles tendon >> techknow every saturday

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>> los angeles clippers owner donald sterile something a lonely man tonight. never mind the problems with his wife, nba commissioner adam silver calming outrage over racist remarks made by sterling. >> effective immediately i am banning mr. sterling for life from any association with the clippers organization or the nba.

mr. sterling may not attend any nba games or practices. he may not be present at any clippers facility, and he may not participate in any business or player personnel decisions involving the team. >> in addition sterling is getting slapped with a fine of $2.5 million, the maximum nba fine possible. sterling admitted to making the statements on the tape realized on tmz. silver said the nba would do everything that it can to pressure sterile to selling the clippers team. we're in los angeles with more. one team, one goal.

they say they applaud the commissioner's decision to come down hard on donald sterling. the focus can now shift back to the players. not the racially charged comments of donald sterling. there was a protest planned here today, but that has turned into a victory celebration. los angeles is better than donald sterling. we've seen some fans walking around with their own message for sterling. this man said he has been a lifelong laker and clippers fan. he does have tickets for tonight's game, but he supports the commissioner's decision, but he said he hopes it leads to a longer conversation about race in this city. in. >> reporter: there is no reason why they shouldn't show up tonight. there isn't reason why they shouldn't play at their best tonight.

anything that was hindering in the past they should be able to move up and down that court like they never moved up and down that court before. >> reporter: and fans are not the only ones showing their support. we heard from a number of nba owners from around the league. mark cuban tweeting out, i agree with the commissioner 100%. the owner of the portland trailblazers paul alan saying great ownership in the league is the league is in good hands. and urged fans to show up and support the team. >> what was the relationship between owner sterling and the clippers fans before all of this? >> it has not been a long relationship.

the clippers have long been overshadowed by the lakers. and there is a real sense of relief out here among the fans that the players can finally get the attention and they can focus all their support with the commissioner's decision tonight. >> reporting from los angeles, thank you for the update. and in response to the controversy corporate sponsors are quickly abandoning the clippers. companies like mercedes, car max and redbull are distancing itself from the team , we go to robert tuckman, a sports and entertainment website, he'sen expert on professional sports and marketing. what happens now that the commissioner has made his decision. do they still stay away? what happens next? >> that's a great question. when this first came out before the press conference today all of these sponsors said there is no way we're going to be

associated with this team, and they actually pulled out. the majority of them have already pulled out. so the big question now because of this, like you asked, are they going to stick around? the thing we've got to look at is will they and won't they? we'll find out tonight. a lot of teams that sponsored, they still have issues. >> the commissioner said that he was going to do everything possible to pressure mr. sterling to sell the team. how does he go about doing that? what are the logistics far that? >> what happens is there is going to be a vote. 30 owners are going to vote whether steriling can own this team or not. silver works for these owners. so at the end of the day these 30 owners are really going to decide it's a private vote. they're not going to see who vote's what. that's the question are they going to kick this guy out of the league. >> reporter: because this is a franchise much like other franchises in america there are

probably certain restrictions that would keep sterling from suing. but he could still file antitrust lawsuit against the nba. what is the likelihood that this becomes a legal mess. >> it's very likely, especially when you're dealing with donald sterling. >> why is that, he likes to sue a lot? >> he's very litijous. he's known to be that owner who is willing to make a stand and do something. i think the league will have an issue with him, especially if they get three fourths of the vote. he's not going to be one who goes quietly. >> i've heard that the team is worth $600 million to $1 billion. how much is that team worth if sterling hangs around? >> the great thing about this this team is not going to be worth near that amount of money

with donald sterling owning it because you're going to have sponsors who are going to be fully pulling out. you're going to have fans, corporations that own luxury suites, they're going to be pulling out. yes, you make your money off television revenue but you make a lot of money off sponsorships, and seats, luxury suites and premium experiences. >> is there a silver lining because of the timing. at the playoffs as opposed to the regular season, this can all be resolved in the offseason before it affects things next year? >> from a sponsorship standpoint, yes. from a fan standpoint, no. this is the worst time. this is a team that we all know is never good. they're one of the worst teams in the nba. they always have been. this is finally the year that you look at and you say, wait a minute these guys can win it. this happens, and it's very ironic in respect to that.

the timing is not great if you're a clippers fan. it's better if you're the nba, and you can let this fall aside and you can deal with it in the offseason. >> there have been a lot of concerns among the fans that donald sterling's sterling, his racism and sexism was well-known in the league. there is a little bit of perhaps hypocrisy of not having acted sooner before this blew up. >> and this some saying that this is commissioner silver taking care of commission stern's problem . if you look at what he's done for the league, he's done a lot. but at the same time it's going to be very difficult now when this vote takes place in my

opinion it's going to be very difficult to actually see this man kicked out of the league. i just think that's because of his influence over the years on other owners, and that's going to be tested. in my opinion, you know, silver, he had to do this. he had to go in there. he had to make this statement to keep the league functioning, but the real test is when the owners actually vote. >> you think there is a possibility that perhaps more than a quarter of the owners will disagree with the commissioner? >> absolutely. i think when the vote goes into effect. right now as we understand because of the terms of the nba and the constitution of what is private it is not a public vote. yes, things can leak and go out to the media, i do think at the end of the day unfortunately there is a situation where they might not get three fourths of the vote, and then the nba will have a major problem. >> thank you for coming in and explaining it to us.

it was good of to you chat with it. >> it's the rise of the machines. coming up how america could lead the way in a brand new revolution and technology. one where robots do not take away your job. plus, why are investors so worried about twitter? it has everything to do with users just like you. we'll tell you how, you're watching real money. >> weekday mornings on al jazeera america >> we do have breaking news this morning... >> start your day with in depth coverage from around the world. first hand reporting from across the country and real news keeping you up to date. the big stories of the day, from around the world... >> these people need help, this is were the worst of the attack took place... >> and throughout the morning, get a global perspective on the news... >> the life of doha... >> this is the international news hour... >> an informed look on the night's events, a smarter start to your day. mornings on al jazeera america

>> start with one issue education... gun control... the gap between rich and poor... job creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and you'll get... the inside story ray suarez hosts inside story weekdays at 5 eastern

only on al jazeera america >> a new revenues technology is underway. analysts say this will be big. like change human history big. there will be sophisticated robots and 3d precipitating that will replace manufacturing. the future of technology does not destroy jobs but creates prosperity instead. time magazine adding to the most influence minds in tech. the conference in los angeles the conversation in technology and prosperity. >> the technologies advancing at exponential rates right now. what we dreamed about for the longest time, solving the problems of hunger, shortages of energy, clean water lacking,

education. we hav we have so many problems, health, disease, all of these problems could be solved. give it another 10 or 20 years we would be able to fix these problems. we could stop people from being sick. we could stop people from being hungry. we could 3d print food, meat, housing. right now we carry our cellphones. imagine having cellphones that tell you you're about to get sick. you just shook hands with this person. he has a virus. go and wash your hands or you better take vitamin c or stop pigging out. you're going to gain 20 pounds in the next months or so. >> will these things lead to greatest prosperity. one of the struggles i have is the understanding of the dangers of hollowing out of the middle class. will we prosper from this or will a few inventers get rich? >> here's the rub. here's what bother me.

the fact that richers will get richer. but what happens is the cost of everything drops exponentially. 15 years ago they were extreme luxury. worm in "wall street" michael douglas had that great big brick. that cell phone was an object of luxury. i beggars have cellphones now. the same device that michael douglas had. as these technologies advance, they-- >> you can make a way of making a business out of that or prospering. >> and the cost of living will be lower. 3d print houses for a few thousands dollars. we'll be able to 3d print food for almost nothing. now everything has medical disparity. with a about jobs.

jobs are going to be scarce because of robots now doing most of the manufacturing? >> that was the backbone of the creation of the middle class in this country, and we've seen that diminishing since 1979 or 1980. now robots are going to be doing manufacturing. does that mean that we're already seeing a more robust manufacturing sector in the last few years, not more jobs. more output. >> that's just the beginning. as of this year it's cheap for manufacture in the united states than china. it's cheap for manufacture in the usa because of robotics. now robots are becoming more function and powerful, with great capabilities. then 10 to 15 years you're going to see the robots going on strike saying the 3d printers are taking jobs away. we won't need robots and we'll 3d print everything. we're fearing that the jobs respect going to be there.

that's scary, and then i sit back and think, why do we have to work 40 hours a week? at the turn of the century people worked 80 and 90 hours a week. during the harvest time you would work 100 hours a week because there is so much work to do. work much less and more time for leisure. why can't life be more about music, arts and so on. a lot will happen in the next 10 to 20 years. i'm not talking about 50 years. 100 years. i'm talking about the things we dreamed about. we saw in science fiction movies in the nec next decade or two. >> what we saw in our careers was the sequencing of human genome. it was a very expensive international project, $2.75 billion. today you can do a full human genome for $1,000. when i come back in four or five

years from now i'll show you my phone case with implications. >> implications? >> software. the same tools that we used to use to look for trends in shopping, to look at trends in parking. to look for problems around the world, we can use those to analyze our health. the young kids in silicon valley, the young kids in india, palestine, will be able to deal with the human health. anybody could be coming up with new methods, new techniques, new solutions to human health. this is mind blowing. this is unconceivable. that's where we're headed in the next five oh seven years. >> we'll keep going with our conversation. what a pleasure to see you as always. >> call it hashtag confusing. twitter stock is just getting crushed after making what seemed to be a positive announcement.

details of what went wrong next. plus, sorry, twitter we'll reveal stunning statistics that show facebook is the reigning king of all social media. >> our current system has gone very far awry... >> there's huge pressure on the police to arrest and find somebody guilty >> i think the system is going to fail a lot of other people. >> you convicted the wrong person >> i find that extraordinarily disappointing... >> to keep me from going to jail, i needed to cooperate. >> the evidence was inaccurate >> they still refuse the dna >> somebody can push you in a death chamber >> it's not a joke >> award winning producer and director joe berlinger exposes the truth. from the inside... >> a justice system rum by human beings, can run off the rails. >> some say there's justice for all, but they're not in the system.. >> it shouldn't be easy to just lock somebody up and throw away

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>> earlier today it seemed the tide was finally turning for twitter. shares for the social media company has fallen and then rebounded 5% ahead of its latest quarterly earnings report. twitter which makes most of its money from advertising reported that sales more than doubled during the first three months of the year. it did not turn a private but breaking even is better than the $27 million twitter last during the same we had last year. twitter is closely watched monthly, grew to $255 million. that's 25% rise from a year ago. mobile users rose 31%. and ad sales 125%. now it's down 10%. we go to s&p capital i.q. where has twitter fallen short?

>> thank you for having me. number one, you highlighted the user growth metrics, which were notable, and you highlighted the gross metrics which were impressive, but what is really important is the really primary way that twitter goes about measuring engagement, and that's timeline views and really what we saw is only 15% growth there. if you look sequentially not really much of a change from q 4. i think one of the biggest issues for twitter right now is people wondering about two things. one is user and engagement growth, and secondly where the profits, it was nice that they essentially broke even and exceeded estimates but let's be realistic. this company is trading at 20 times expected revenues that's far and excess of facebook.

facebook has considerably more profitability and as your lead-in indicated facebook is the place to be, not twitter. >> reporter: but would you agree there is something especially valuable about twitter. look at the news in a day like today. when the news comes out with the nba and what is going on with the clippers, all the reaction, knew exactly what magic johnson, mark cuban, it has become the national wire service. why isn't there value in that? >> there is a business difference between saying there is no value in it, and the stock is essentially overvalued at current levels. the way we think about it is there is absolutely tremendous value in twitter. as currently institu constituted, is the company worth $20 billion without profit to speak of. that's the question. the next point i would make what about that user base? it seems like other bigger social networks are outpacing

twitter on a number front, and we don't necessarily know what is going to happen next in terms of new opportunities, new growth, new modification capabilities and path to profit profitability. those are big questions. right now the market is not very forgiving for companies that exceed estimates and also have a lack of profitability. >> facebook seems to have appealed to every age, every demographic. >> i think if anything twitter tends to skew a little bit younger in certain categories of demographic data. that's been one of the knocks on facebook. arguebly the teen set and college-age folks who were officially the primary users of facebook users have become lessen gauged or interested in

the platform. that, frankly, is a risk when you think about facebook. arguebly that's one of the reasons that facebook's acquisition of instagram which was completed a year and a half ago seems like a smart move. guess where younger people are using platforms, on instagram. >> that's really important. that's really important of course because the advertisers regardless of the platform, they still lack those younger users as opposed to the older ones. that's why the engagement of younger users is important. scott kessler. his twitter handle is at arsenal kessler

. at kessler. thank you. >> facebook announced changes to its site including timeline and open graph. in the meantime here are a few reminders of why the company is worth watching . the term facebook has been on the worldwide web, four years most searched. the average visit time on facebook, 20 minutes. facebook users are loyal. 95% who have left the site returned in the 30 days. and on more than 400 million page views. it's breathtaking, right? that's our show for today. i'm david shuster on behalf of ail ail and the entire team of "real money." thanks for watching.

>> snoo >> announcer: this is al jazeera. mousse >> hello, a warm welcome to this newshour, i'm here from doha. the top world stories. decision day in a divided nation - millions of iraqis vote in an election that will shape the country's future. close to calamity - that's the warning from a top u.s. official as to what is happening in south sudan. a botched execution raises questions around the secrecy